Do Or Die Day
Do Or Die Day
I couldn’t put this up last night as my Internet connection dropped just when I was about to post – you guys have to stop chewing on my cables. Anyway, just a quick wave count telegram for you rats:
Soylent Blue is still in play – theoretically a B wave can easily retrace to the 78.6% fib line but after that it’s losing probability quickly. Today will its ‘do or die day’ – we cannot breach through yesterday’s mock highs, otherwise Soylent Green is most likely in play and chances are we’ll push through the 930.17 high we painted May 8th. However, as of right now Soylent Blue remains my favorite count – in particular after yesterday’s gyrations.
I’m seeing the ES futures bounce against the 913 mark right now (close to 8:00am EDT) and it seems that we’ll know fairly quickly what’s up, which is good. During this entire Primary consolidation wave we bears had to pry each downside point from the bulltart’s clammy loot clutching fingers – it’s been a lot of work with little pay off. I swear, if this one doesn’t work out I won’t play the short side again until after the summer – LOL 😉
Alright, I’m going to count a few more black sheep now. See you on the other side.
